Forex
GBP/USD rebounds after two days of gains, trading around 1.3560 during the Asian hours on Friday. The technical analysis of the daily chart points to a potential bearish reversal as the pair is positioned near the lower boundary of an ascending channel pattern.
Forex
EUR/JPY extends its losses for the second successive session, trading around 184.70 during the Asian hours on Friday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 55.67 (neutral) stays north of 50, confirming a mild upside skew.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.85 during the Asian trading hours on Friday. The WTI price declines after the United States (US) and Iran agreed to hold talks in Oman on Friday.
Commodities
Gold price (XAU/USD) tumbles to around $4,680 during the early Asian session on Friday. The precious metal extends the decline as traders cover losses from equities and adjust positions. The preliminary reading of the Michigan Consumer Sentiment Index report for February is due later on Friday.
February 5th 2026 North-American Session Recap – Today's session brought a bloodbath which spread from tech to everywhere else. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up on Monday.
West Texas Intermediate (WTI) trimmed a little bit off the top of barrel bids on Thursday, falling around $0.95 per barrel, or 1.5%.
Crypto
Bitcoin multi-timeframe and Crypto Crash Analysis: Bitcoin plunges 50% from its $126k peak, mirroring the brutal 2021 collapse. With Solana down 70% and market cap erasing post-election gains, we analyze the "bubble burst" mechanics, the risk of a slide to $30,000, and how to spot accumulation zones without catching a falling knife.
The European Central Bank (ECB) held interest rates, as widely expected. However, the rapidly strengthening Euro—up 13% against the dollar—is a major concern. President Lagarde downplayed the currency's rise and attributed low inflation to temporary factors, but her comments left experts confused. The article also details the ECB's plan to expand its Eurep program to enhance the Euro's global role.
Forex
Financial markets revolved around European central banks’ monetary policy decisions.
Indices
Dow Jones and Nasdaq high timeframe analysis and Trading Levels – Market Update: Stocks slide as JOLTS drop to 6.54M and layoffs hit 2009 highs, fueling recession fears. We analyze the massive rotation from Tech to Defensives, the Bitcoin breakdown below $70k, and why this "Warsh Shock" selloff may just be starting.
